Pablo Industries Needs to Send Home a Number of Workers

question 64

Multiple Choice

Pablo Industries needs to send home a number of workers due to lack of work, although it expects they will return at a future time. This is an example of a:

• A)transfer
• B)downsizing
• C)promotion
• D)layoff

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Definitions:

Cash Budget

A detailed plan that estimates cash inflows and outflows over a certain period, helping businesses manage their cash flow and liquidity.

Sales Budget

A detailed plan outlining the expected revenues from the sale of products or services over a specific period, serving as a roadmap for the company's sales strategy and performance expectations.

Finished Goods Inventory

The stock of completed products that are ready to be sold by a manufacturing company.

Sales Forecast

An estimation of the future sales of a product or service, based on historical sales data, market trends, and economic factors, crucial for planning and budgeting.